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The course will satisfy the requirements listed below. Be sure to expand the area you are interested in to see if there are any ‘Course Alternatives’ that can also satisfy the selected requirement.

If this course is taken or given as transfer credit...

ACC 1100: Fundamentals of Accounting
Kingsborough CC

Requisites: None
Credits: 4
Hours: 4.0 Lecture hours
This course introduces accrual-basis accounting for sole proprietorships in the service and merchandising industries. Topics include double-entry recording of business transactions and adjusting and closing entries. Preparation of financial statements under Generally Accepted Accounting Principles, including the income statement, owner's equity statement and balance sheet. Inventory valuation methods, specialized journals, subsidiary ledgers, bank reconciliations, internal control concepts, computerized accounting, and depreciation methods are also covered.
(Regular Non-Liberal Arts)

… The course will satisfy the following requirements

Fundamentals of Accounting I (2)

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